The HRM Challenges 2009 are completely different from the HRM Challenges 2008. The recession is everywhere around us (including China and India) and the HRM Professionals have different tasks from 2008.
The year 2008 was about the war for talents, finding the new employees and making the recruitment process more efficient. The year 2009 will not be the year of the recruitment process. The HRM Challenges 2009 will be about the efficiency, cost cutting, HRM Benchmarks and other painful stuff.
The HRM Professionals got a bit lazy in the recent years and the next year will make them to move and think creatively again. The HRM Professionals were used to bring new costly initiatives to the organization and they have to be creative now how to cut them.
The main HRM Challenges 2009 will be the following:
- Protecting the top potentials of the organization. The number of people on the job market will quickly rise, but the top potentials will be always wanted. The smart approach will be very important.
- Smart training budget management. The training will not be for every single employee. Just the top potentials and key employees will be allowed to get any training and the HRM Function has to be smart in the training budget management.
- Headcount Freeze. The headcount of the organization has to be under a control and the employees have to be moved around the organization. Headcount Freeze is very painful for the line management and the HRM Function is the frustration target number one.
- Base Salaries Management. The pressure will be enormous. The Compensation and Benefits Specialists will have a tough year to meet the defined targets. The base salaries will be under a huge pressure and the managers will try to use every technique to get additional funds for their employees.
- Positive Communication. Even the year 2009 will be very tough, the HRM Function has to communicate honestly, openly and positively. Very hard, but the employees have to feel the trust to the HRM Words.
The year 2008 was about nice initiatives, the year 2009 is about the hard work. The HRM Challenges 2009 look very tough, but the smart HRM Professionals can manage them. And it will be a nice lesson as well.
One Comment
I just want to add something more in it
.In this year we have to focus more on the employee.As employee is working in very stressful enivornment.
I really appreciate the new strategy adopted by the HCL technology “Employee first ,coustmer next”
this bring the new hope in employee making them loyal to company.
so in this era we can take use of more innovative ideas